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Gold has now taken out the highs seen yesterday and earlier today. It has lifted to just above $2,008 and the move through the earlier session high, did deliver some acceleration. It is possible that robot-trading bots jumped on the move above $2,001. The next level now is surely the current all time record high that was set a few days back on March 20, at $2,220.89. Gold is currently trading at $2,007.40
The dollar just got slapped and in truth probably due to comments from the Fed boss, Jerome Powell. So, as expected and warned about a few times today...
The dollar is losing some more ground right now and that has seen the EUR/USD push back above 1.1610. The GBP/USD is also close to session highs seen...
Those US data releases have just been released and it has been a mixed set of data. The Richmond Fed index improved to -7, but the nationwide consumer...
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